Battery Age Minerals granted key permit for drilling across entire 5km prospective corridor at Falcon Lake
Phase 2 drilling to test step-out zone at Falcon East and over 30 new targets identified by summer field work
Permits includes provision for mechanical stripping works to uncover additional pegmatite outcrops
Special Report: Battery Age Minerals has been given the green light from Ontario’s Ministry of Mines to continue Phase 2 exploration drilling across the entire 5km prospective corridor at its Falcon Lake lithium project.
The company had started Phase 2 drilling earlier this month with a focus on the recently discovered step-out zone at Falcon East – where earlier drilling returned an intercept of 19.1m at 1.34% Li2O – and over 30 new targets identified through its summer field work program.
Nestled within one of Canada’s prime lithium exploration addresses and with other explorers such as Rock Teck and Green Technology Metals (ASX:GT1) as its neighbours, Falcon Lake has consistently proved to be a winner for Battery Age Minerals (ASX:BM8).
Maiden drilling returned standout intercepts such as 31.75m at 1.45% Li2O from 14.46m and 27.6m at 1.37% Li2O, proving that historical drilling that returned up to 24.4m at 1.43% Li2O was no fluke.
Adding to these successes, the company’s summer field work program targeting areas outside historical lithium occurrences returned grades of up to 2.73% Li2O from rock chip sampling along the Falcon Main area and confirming a 5km mineralised corridor while step-out drilling intersected multiple, thick spodumene-bearing pegmatites.
Key permit allows drilling to advance
The receipt of the secondary drilling permit allows BM8 to execute Phase 2 drilling across the entire 5km prospective corridor that has been identified to date.
It grants the company an allowance for 135 drill pads for the program.
Hole depths will vary from 50m to 200m, giving the program an approximate range of total drilled metres from 10,000-20,000m.
Primary drilling permit delineated in red with drilled collars to date (red). Secondary drilling permit buffers are delineated in green. Pic: Supplied (BM8).
Interim chief executive officer Nigel Broomham added that the permit includes provision for targeted mechanical stripping works to uncover additional pegmatite outcrops.
“Battery Age is grateful for the support of our First Nations partners and we look forward to continuing to build on these strong relationships,” he said.
“This is an exciting time for Battery Age, as the team can now test the multiple high-priority targets generated as a result of our highly successful summer field campaign.”
This article was developed in collaboration with Battery Age Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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